Front Range Bank under FDIC order

Front Range Bank under FDIC order

Front Range Bank has signed a consent order with the Federal Deposit Insurance Corp., agreeing to address issues such as capital ratios and bad loans, according to a monthly FDIC report released Friday

EVANSVILLE, Ind.----Today, Accuride Corporation announced that its subsidiary, Fabco Automotive Corporation, has been designated as the standard databook position for TC-38 Transfer Cases and FSD series Front Steer Drive Axles for the InternationalÃƒâ€š Â® WorkStarÃƒâ€š Â® 7300 and 7400 4x4

LONDON----youDevise Limited announced today a new level of automation for fund of hedge fund portfolio management, introducing a series of front-office analytic reports that can be generated on demand by its Hedge Fund Information Provider

Front office shake-up at UBS

Front office shake-up at UBS

Bright and early this morning, Swiss bank UBS (NYSE: UBS) announced some front-office changes. Marcel Rohner made his resignation official, although he told the company of his intentions in January. Rohner had been with the firm since July 2007. Rohner will be replaced by Oswald Gruebel, a former Credit Suisse executive. According to UBS Chairman Peter Kurer, Gruebel will "be adept in balancing our focus on prudent risk taking and client confidence, and our goal to position UBS for further success." Gruebel then promised to help UBS get on a "profitable, successful track." In the last 12 months, UBS shares have lost a massive 65% -- with the stock currently battling overhead resistance at the round-number $10 level. This region formerly acted as support, but the roles are now reversed -- which could lead to some rather intense resistance.For what it's worth, Merrill Lynch issued a positive reaction to UBS's decision. The brokerage based the belief on the fact that Gruebel helped Credit Suisse outperform the market. At last check, UBS was more than 11% higher in overseas trading.Filed under: ManagementFront office shake-up at UBS originally appeared on BloggingStocks on Thu, 26 Feb 2009 08:30:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments